Electric vehicle manufacturer Polestar welcomes new CFO

Jean-Francois Mady joins the company from Stellantis.

An image of new Polestar CFO Jean-Francois Mady
Jean-Francois Mady joins Polestar as chief financial officer.
CREDIT: BUSINESS WIRE

Polestar continues to prepare itself for the next step in its development by appointing Jean-Francois Mady to the role of chief financial officer (CFO), effective October 21, 2024.

Mady brings 25 years of experience from senior, leading roles in automotive finance and financial services across Europe, China, Asia, and India. Most recently he was senior vice president of Global Accounting Operations and Finance Transformation at Stellantis Group. He has also held several leadership roles at PSA Group.

Mady will assume responsibilities from Per Ansgar, who joined Polestar in January 2024 as CFO on a transitional basis. Ansgar will remain with Polestar to provide support and to ensure a smooth transition, before returning to his role as CFO of Geely Sweden Holding AB.

Michael Lohscheller, incoming Polestar CEO, says: “I am very pleased to welcome Jean-Francois to Polestar. He brings a wealth of experience and best practice competence from our industry, which we will benefit from. With Polestar 2, Polestar 3, and Polestar 4 we have a stunning model line-up on the roads. One of our key priorities moving forward is to make Polestar a financial success and this is an important step in that direction. I would like to thank Per for his contributions and commitment, supporting the company and leading our finance function during a very important period.”

“I’m very excited to join Polestar, with its unique focus on design, electric performance and sustainability and look forward to supporting the Company’s exciting next phase,” says Mady.